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simple assumption mortgage

Posted on: 19th Aug, 2010 08:30 am
I sold my home in 1988 and the buyer is now deceased. I have been notified by the mortgage company that the loan is in default and I have thirty days to make it right or it will go into foreclosure. If I pay the outstanding amount will the house be back in my name or what.
Hi poppa,

Your query has been replied to in the given page (check Adonis' last post):
http://www.mortgagefit.com/know-how/simpleassumption.html#178133

Take a look at it. Hope it helps you.

Thanks,

Jerry
Posted on: 20th Aug, 2010 02:52 am
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